Our mission in the early days is much the same as today. Review applications we use ourselves or would recommend to family, friends, neighbors, and co-workers (knowing that a big of personal support is implied), and to right the wrongs of misguided thinking and shallow analysis for the sake of advertising eyeballs. Guess what?
Soap Box Derby
The world around us has become a misinformation superhighway; a place where everyone has a soap box where they can stand– or, sit down and write– anything they want. Comment sections and forums are one thing; Facebook and Twitter are something else– the real danger comes from what looks like legitimate websites but are little more than eyeball grabbing link and click bait malls of misinformation.
Somebody has to point out what’s going one, right? We may not be the best at at uncovering the riffraff that poses as news, but we do our share.
Here’s an example from Timothy Green in The Motley Fool.
Tim Cook Doesn’t Get How Serious The iPhone Slowdown Really Is
As if some guy who writes business opinion poorly disguised as drivel has a better handle on the smartphone market than Apple’s CEO. Let’s see what Green has written about recently:
- Peak iPhone Is Finally Here – I’d say Green is a bit late to that party since iPhone unit sales plateaued a few years ago.
- No Christmas Miracle for J.C. Penney – Being critical of a company on its death bed isn’t exactly insightful analysis, is it?
- Best Buy Saw the Smartphone Slowdown Coming – Yet, Apple did not? Seriously? Let the dust settle and then compare the industry’s top dawgs. Apple will be on top. Again.
- Years in the Making, Peak iPhone Is Finally Here – Again? Wasn’t peak iPhone here about four years ago?
- Why Target Stock Could Go Nowhere in 2019 – So far it’s up, but it could go down, and it might stay the same, and staying the same seems to be going nowhere, but not soaring (see below).
- Why Target Stock Could Soar in 2019 – Hey, I get it now. I can predict anything with accuracy, just like link baiters. Let me try: “Apple could go up in 2019.” Or, “Apple could go down this year.” And, “Apple stock will flatline!“
Man, that was easy peasy.
Anybody can do it, and from what I see of The Motley Fool’s seemingly foolish and motley writing crew, they know it’s easy, too; they excel at such perspectives and nobody keeps score. Timothy Green is a stock market blogger who writes about businesses. End of story. He does not run a multi-national corporation with a billion customers, and has no knowledge of how to set up and run a massively complex supply chain, or, manage a complicated retail system filled with products that are very difficult to design and manufacture.
Apple’s CEO knows how to do just that, has a successful track record, and doesn’t deserve such amateur analysis turned professional for the sake of advertising. Tim Cook:
In our last fiscal year, we had $100 billion of revenue that was not iPhone, $100 billion. And in this last quarter, if you take everything outside of iPhone, it grew at 19 percent. Nineteen percent on a huge business.
Cook is implying that this revenue is independent from the iPhone — that slumping iPhone sales are irrelevant to this significant chunk of Apple’s business. He’s wrong.
No, Cook is not wrong. Timothy Green is wrong. Cook did not imply that, either. Apple basically is a hardware company made up of revenue and profits from a diversified product portfolio, and Services– tied to hardware– just happens to be a fast growing segment in the mix, and obviously dependent upon hardware.
Cook knows that. I know that. Why doesn’t the anti-Apple blogosphere know that?
Apple generated $37 billion from services in fiscal 2018, but much of that revenue is dependent on either iPhone sales or the iPhone user base.
Welcome to the bandwagon, Timothy. We’ll make room for you. Yes, we’re certain that The Motley Fool’s writer read Natalia’s piece on “No, Apple Is Not All About ‘Services’ Now” which is one of many that point out the obvious.
The App Store is another component of Apple’s services revenue tied to the iPhone.
If only Tim Cook knew that then we could all just quiet down and devote some time to banging on Google or Facebook or Samsung or Microsoft or Amazon instead of Apple.
We like to point out the obvious.
Apple is more dependent on the iPhone than the numbers suggest. Apple investors should be concerned that the CEO doesn’t seem to understand that.
Except that all the numbers suggest exactly that and to imply that Apple’s CEO doesn’t seem to understand it is hyped up nonsense. This kind of bull$#!% runs amok on the interwebs these days, so it should not surprise anyone that his bio is hyped up nonsense.
Tim writes about technology and consumer goods stocks for The Motley Fool. He’s a value investor at heart, doing his best to avoid hyped-up nonsense.
Too many Apple watchers are getting paid to create link and click bait instead of providing insightful analysis of what really happens in the marketplace.
Ignore the professional Apple watchers. They’re very good at what they do, but what they do has no benefit to anyone other than their advertisers.